Property profile & analytics
516 Loring Ave Salem, MA 01970-4239
- Turn key restaurants
- 7,203 SF
- 0.63 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US38-1772873
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Fantasy Island / Chinese Restaurant / Chinese Takeaway
Property Details for 516 Loring Ave
- Year built
- 1950
- Construction
- STEEL FRAME
- Lot size
- 0.63 lot acres
- Property size
- 7,203 SF
- Zone code
- B2
- Property type
- Turn key restaurants
- APN
- SALE M:21 L:0018
- APU
- SALEM21L0018
Value Estimation
Powered by Realmo proprietary methodology
Last update: July 3, 2025
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9001
- Latitude
- 42.4876
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$31,233
$694,400
$624,000
$1,318,400
-
$0.00
$0.00
$0.00
